Archive for August 2014

SYDNEY, Aug. 28, 2014 /PRNewswire/ — Wynyard Group, a market leader in advanced crime analytics software and services, today welcomed the New Zealand Police as a long term partner in its Crime Science Research Institute (CSRI).

The partnership further supports the New Zealand Police’s continuous improvement programme which uses crime research and problem orientated policing to better understand the criminal environment and to prevent crime and protect the public from harm.

The New Zealand Police will join the prestigious University College of London (UCL) Jill Dando Institute of Security and Crime Science, University of Canterbury and a Wynyard research team to design world-leading products and services that will help modernise crime prevention and policing in New Zealand and other countries. More academic, crime prevention and technology partners are expected to join in the future.

In welcoming this announcement Police Commissioner, Mike Bush, said the CSRI aims to bring together crime science research, operational know-how and advanced technology with one single-minded objective; preventing crime.

“New Zealand Police’s prevention strategies deliver better, more cost effective front-line services through the effective use of new technology. Our participation in this innovative new research and development centre is another signal of our intention to be the world’s most effective mobile and visible police service with high levels of public trust and confidence. Crime science research, combined with our major investment in mobile technology, will be a useful addition to our national Prevention First operating strategy.”

The research and development conducted in the CSRI will initially focus on operationalising local and international crime science research, with a focus on crime prediction and forecasting to better manage the wider criminal environment. Persons of interest models underpinned by new technology when combined with crime prediction and forecasting creates a powerful crime prevention tool which can be used to monitor potential offenders and protect potential victims.

The Deputy Chief Executive: Strategy for New Zealand Police, Mark Evans, said: “We know that crime tends to be concentrated in particular locations, and also that 6% of the population suffer 54% of all crime. The identification of these crime patterns means that Police can ensure we have more of the right staff, in the right places at the right times.”

Wynyard invests more than $15 million in research and development each year and is investigating plans to relocate its CSRI to a new, state-of-the-art facility in Christchurch to be close to the city’s new Justice Precinct andNew Zealand Police operations. The facility will become home to the 24 staff Wynyard has assigned to the CSRI, new PhD students the company will engage through the Callaghan Innovation R&D Student Grants Scheme and Wynyard’s 60 engineers and developers.

Craig Richardson, Wynyard Managing Director said: “This partnership ticks a lot of boxes. It is focused on solving real crime problems and delivering real outcomes and safer communities. It creates high value jobs that will be highly sought after by the best science and engineering students in the world. It brings together the power of universities, forward thinking government agencies and technology companies to develop highly valuable solutions for use in New Zealand and export to other countries. It also sends a strong message that our industry and government believe in Christchurch as an R&D centre for advanced technology.”

Wynyard has developed game-changing products used by police services and governments around the world and the company sees opportunities to further extend technology and operational models developed together with the New Zealand Police for consumption in global markets.

“This is not some No.8 wire initiative. There is real opportunity here. We have access to some of the best research, crime prevention expertise and advanced technology in the world. I’ve been told by both U.S. and British experts there is nowhere else in the world this could be done,” said Richardson.

Wynyard Group is a market leader in critical threat assessment and advanced crime analytics software for government, financial services and critical national infrastructure. Wynyard’s powerful software helps assess threats, surface hidden relationships give new meaning to events and identify people of interest. Customers include Fortune 500 companies and leading government security agencies.

SYDNEY, Aug. 27, 2014 /PRNewswire/ — The Singapore Art Museum (SAM) and Asia Pacific Breweries (APB) Foundation today announced the 15 finalists of the APB Foundation Signature Art Prize 2014. Now in its third installment, the prize spotlights the most compelling contemporary artworks created by artists in the Asia Pacificregion over the last three years.

Selected by a panel of five eminent judges from around the region, the finalists’ works were chosen from 105 nominated artworks from 24 countries and territories. Innovative and exciting creations from recent years, the contemporary artworks represent the very best of the region and are intentionally not limited by genre. Spanning various mediums from painting to sculpture, photography, video works and performance art, they each address topical issues and collectively shed light not just on our region’s contemporary art landscape but also on the topics and conversations relevant in our society today.

A statement from the jury panel stated, “We’re excited to be presenting the finalists of the APB Foundation Signature Art Prize 2014. Narrowing the choice from over 100 works to the final 15 involved a rigorous selection process and intensive discussions — testament to the high caliber of entries that were refined, rich and diverse. Overall, the 15 works selected offer a glimpse of the future of our region’s rich and constantly evolving contemporary art scene. The finalist works stood out for their strength of concept and execution and despite stemming from such diverse contexts, histories and cultural backgrounds, cleverly explored similar issues of identity, immigration, urban expansion, depletion of natural resources, fading of old values, cultural diversity and more.”

Owen Leong’sInfinite Love, a subtle video that is cleanly positioned yet extremely violent, is the only Australian artist shortlisted for the prestigious title. Infinite Love is a visceral and poetic performance that explores the body as a physical site for social, cultural and political forces in relation to his Asian-Australian identity.

Other finalists works include Melati Suryodarmo’s I’m a Ghost in My Own House, an intense and powerful 12-hour long performance that sees the artist grind and crush hundreds of kilograms of charcoal, a symbol of life’s energy. Choe U-Ram’s Custos Cavum (Guardian of the hole) takes the form of a mesmerizing and highly imaginative sculpture that depicts a mythical creature that is at once from the past yet also from an apocalyptic future and Arin Rungjang’s Golden Teardrop, revisits pivotal moments in Thai history and looks at the human movement and the exchange of cultures.

Employing the use of meditative visuals, Go Watanabe’sOne places / on “the room” presents a technically challenging and deeply absorbing piece that changes the way we look at time and space; Ranbir Kaleka’sHouse of Opaque Water uses a narrative structure to present the idea of displacement and society’s response to these situations; and New Zealander Lisa Reihana’s work In Pursuit of Venus reflects the beauty of the Pacific Islands while offering a nuanced critique of its colonial legacies.

Works shortlisted from Singapore include Ho TzuNyen’s PYTHAGORAS, a creation that serves as an immersive experience for audiences to explore the concept of the unseen and the concealment of power, sound or the voice; while Zhao Renhui’s seemingly minimalist installation titled Eskimo wolf trap often quoted in sermons, draws on his experience of traveling through the Arctic and being overwhelmed by its starkness.

From mainland China the works shortlisted include Liu Jianhua’sTrace, a striking piece inspired by the traditional art forms of calligraphy and porcelain to comment on societal ills and Peng Wei’sLetters from a Distance, which is steeped in traditional practices and utilizes Chinese aesthetic objects like scrolls and leaves melded together with texts from Western philosophers.

Exemplifying how art has the power to highlight a social issue for scrutiny and exact real change, Yao Jui-Chung& Lost Society Document (LSD)’s Mirage — Disused Public Property in Taiwan is an investigative political work onTaiwan’s“mosquito halls“ while Nguyen Trinh Thi‘sUnsubtitled looks at freedom of expression through an installation about Nhan Van-Giai Pham — a suppressed literary movement of the 1950s.

Finally, exploring spaces and places, Pakistan’sFarida Batool’sKahani Eik Shehr Ki (story of a city) brings viewers on a walk down a busy city street in Lahore, capturing the side of a city that people may not know of via 21 long lenticular prints while Naeem Mohaiemen of Bangladesh presents Rankin Street, 1953, an intimate work that reveals the artist’s memories of his family using his family home as the subject and uncovering the past through vintage photograph negatives.

The APB Foundation Signature Art Prize is worth $100,000 with $60,000 awarded to the Grand Prize winner and$15,000 each for two Jurors’ Choice Award winners. A People’s Choice Award of $10,000 will also be offered to the artwork that receives the highest number of public votes via on-site and online submissions (voting opens from 14 November 2014).

The APB Foundation Signature Art Prize Exhibition will take place at SAM from 14 November 2014 to 15 March 2015 with the winners announced at an awards ceremony on 22 January 2015. For more information, please visit the APB Foundation Signature Art Prize webpage at http://www.singaporeartmuseum.sg/apbfSAP2014.html.

About the Asia Pacific Breweries (APB) Foundation

Instituted in June 1994, the APB Foundation seeks to ignite compassion and inspire through our philanthropic efforts. We set resources in motion to help people and organisations improve talents, enhanced educational and research endeavours as well as better living conditions. In turn, we fuel society and enable the communities, where we live and work, to flourish.

Committed to supporting Human Excellence, Creativity Development and Humanitarian Causes, the APB Foundation is involved in a variety of initiatives that range from arts funding and backing talent-building projects for human capital development, to engaging in meaningful partnerships with organisations or individuals who share our common goal to serve the society.

The Singapore Art Museum (SAM) focuses on contemporary art practice in Singapore, Southeast Asia and Asiawithin the global context. It advocates and makes accessible interdisciplinary contemporary art through research-led and evolving curatorial practice. Opened in January 1996, SAM has built up one of the most important collections of contemporary art from the region. It seeks to seed and nourish a stimulating and creative space inSingapore through exhibitions and public programmes. These encompass cross-disciplinary residencies and exchanges, research and publications, as well as outreach and education. SAM was the organiser of the Singapore Biennale in 2011 and 2013.

SAM was incorporated as a Company Limited by Guarantee on 13 November 2013 and has moved from the National Heritage Board to the Visual Arts Cluster (VAC) under the Ministry of Culture, Community and Youth (MCCY). The other institutions under the VAC are the National Art Gallery, Singapore (NAGS), and the Singapore Tyler Print Institute (STPI).

For more information and images of the artists and judges, please contact:

SINGAPORE /PRNewswire/ — NetNames, the global leader in online brand protection and domain name management, today announces the launch of its full suite of brand protection and corporate domain name management services for the Asia region. NetNames is launching its services at a reception hosted by British Deputy High Commissioner, Judith Slater, at Eden Hall in Singapore on September 2nd.

NetNames entered the Singapore market in May 2014 following the merger with corporate domain name management company Adicio. South East Asian corporations now have access to NetNames’ industry-leading online brand protection services, already used by many global brands to combat online counterfeiters and cyber criminals.

With the internet now offering over 1,000 new domain name suffixes, the risk of cybersquatters operating phishing or pirate websites has multiplied dramatically. Even before the launch of the new generic Top Level Domains (gTLDs), online threats were on the rise. For instance, in 2012, Google reported a 524% increase in requests to remove links to websites hosting pirated content. The introduction of new web address endings also comes at a time when businesses are becoming more aware of the threats posed by cyber criminals and paying more attention to the need to safeguard their Intellectual Property.

In light of these developments, the Singapore Copyright Act was amended in July 2014 to make it easier for complainants to seek an injunction disabling access to infringing content online, consolidating the city-state’s position as a regional hub for registering trademarks and Intellectual Property.

Gary McIlraith, CEO of NetNames Group, comments: “In recent years, the Asia region has grown into a global economic powerhouse, home to an ever-increasing number of large corporations with an international reach. As internet usage in the region grows, these brands will need to ensure they are protecting their reputation, revenues and customers from online counterfeiters and cybersquatters. By launching our full range of brand protection services in Singapore, we hope to contribute to the city’s role as an Internet IP hub in the region, whilst helping South East Asian brands be present, protected and prosperous online.”

Judith Slater, Regional Director of UK Trade & Investment and Deputy British High Commissioner toSingapore, adds: “We are delighted by the launch of NetNames Group’s brand protection and corporate domain name management services for the Asia region here in Singapore.

“Singapore and the UK have similar goals in promoting their information economy. In June 2013, the UK PM David Cameron, with then Science Minister David Willetts, launched the Information Economy Strategy as part of the UK’s Industrial Strategy that set out an effective road-map to establish the UK’s lead in information technology and infrastructure. The strategy helps identify steps for the British government and the private sector to work together on this goal.

“A Frost and Sullivan study states that total revenues from business to consumer e-commerce in six Southeast Asian countries, including Singapore, reached SGD$5.6 billion in 2013. It is expected to grow at 37.6 percent annually to reach SGD$27.2 billion by 2018. This is very impressive growth and I look forward to seeing NetNames Group help an increasing number of companies protect their brands online as they take advantage of this expanding industry.”

About NetNames

NetNames is the world’s largest corporate brand protection specialists. Through its industry leading brand protection, domain name management, online security, anti-piracy and acquisitions services, the company is responsible for keeping corporate brands one step ahead of online threats across the globe. The company is headquartered in London (UK) with offices in New York (USA), Los Angeles (USA), Cambridge (UK),Copenhagen (Denmark), Munich (Germany), Oslo (Norway), Paris (France), Stockholm (Sweden), Zurich(Switzerland), Singapore and Melbourne (Australia).

MANILA, Philippines /PRNewswire/ — A consortium of seven global telecommunications companies agreed today to cooperate in the construction and operation of a new submarine cable system that directly connects Southeast Asia and the United States with NEC Corporation as the system supplier. TheSoutheast Asia – United States “SEA-US” consortium consists of PT. Telekomunikasi Indonesia International (Telin), Globe Telecom, RAM Telecom International (RTI), Hawaiian Telcom, Teleguam Holdings (GTA), GTI Corporation (a member of the Globe Telecom group of companies) and Telkom USA.

“The SEA-US project is connected seamlessly with Telkom’s Domestic Backbone, and the cable will provide unmatched latency from Indonesia to the United States,” said Syarif Syarial Ahmad, President Director of Telin. “The project will also support Indonesia’s strong economic growth and its government’s Master Plan for Acceleration and Expansion of Indonesia’s Economic Development (MP3EI). We began pursuing SEA-US in 2013 and are very proud to be a part of this historic project that marks the first gateway from the east part ofIndonesia to the world.”

In addition, Gil Genio, Chief Operating Officer for International and Business Markets of Globe Telecom, stated, “Our country has become the preferred destination for the outsourcing and offshoring industry, including major call centers, business process outsourcing providers, global financial institutions and a host of other multinationals that require very large bandwidth. We have also seen the explosion of the mobile Internet, enabling a new lifestyle for our mobile customers and businesses. The SEA-US project will enable Globe to meet tomorrow’s bandwidth needs, and is part of our effort to provide a great customer experience on their mobile and other devices, as well as add even more diverse options for companies to connect to the U.S.”

Russ Matulich, Chief Executive Officer of RTI, continued, “The SEA-US Cable will provide much needed Asia-US connectivity and will be the fastest cable connecting Southeast Asia with the United States. It provides essential route diversity from the North Pacific and taps into to the strong economic growth of more than 1.5 billion businesses and consumers who are internet savvy and data hungry.”

“Guam is a strategic location in the Pacific which allows GTA to successfully connect the Asia Pacific region tothe United States. GTA’s expansive and redundant network enables secure interconnectivity to other cables, increasing Guam’s importance to future cable builds,” said Robert Haulbrook, CEO and President of GTA.

Eric Yeaman, President and Chief Executive Officer of Hawaiian Telcom, said that “Hawaiian Telcom’s participation in the SEA-US project strengthens Hawaii’s role as a key strategic hub for traffic diversity and redundancy between the US and Asia. Additionally, investing in the SEA-US system will allow Hawaiian Telcom to efficiently meet its internal long-term Trans-Pacific capacity needs, as our customers increasing demand for bandwidth continues to grow.”

The SEA-US submarine cable system links the five areas and territories of Manado (Indonesia), Davao (Philippines), Piti (Guam), Oahu (Hawaii, United States) and Los Angeles (California, United States). The system will be approximately 15,000 kilometers in length, avoiding earthquake prone areas in East Asia, and thereby helping to ensure stable connectivity.

When completed in the fourth quarter of 2016 at an approximate cost of US $250 million, the cable system will provide an additional 20Tb/s capacity, connecting Indonesia and the Philippines to the United States with state-of-the-art 100G technology. This capacity will cater to the exponential growth of bandwidth demand between both continents.

“Backed by more than 40 years of experience in constructing over 200,000 kilometers of submarine cable infrastructure, NEC is one of the world’s top vendors of submarine cable systems,” said Mr. Naoki Yoshida, General Manager at NEC’s Submarine Network Division. “The construction of this advanced system enables NEC to capitalize on its experience and contribute to worldwide communications by expanding connectivity and capacity to this increasingly important Trans-Pacific route.”

About Telin

PT. Telekomunikasi Indonesia International (Telin) is a subsidiary of PT. Telekomunikasi Indonesia, tbk, a state-owned telecommunication and network provider. Telin focuses as an international carrier services and strategic investment in international telecommunication business as well as serves as Telkom’s business arms in managing and developing its business lines abroad. With mission The World’s Hub for Telecommunication, Information, Media, Edutainment and Services (TIMES), currently Telin owns 8 subsidiaries namely Telin Singapore, Telin Hong-Kong, Telin Timor-Leste with its product called Telkomcel, Telkom Australia, Telin Malaysia, Telkom Macau, Telkom Taiwan, Telkom USA, and a branch in Myanmar. With the synergy of TelkomGroup compiled with reliable networks and infrastructures, enable Telin to provide high quality services that reaches all parts of the world.

Globe Telecom, Inc. is a leading full service telecommunications company in the Philippines, serving the needs of consumers and businesses across an entire suite of products and services including mobile, fixed, broadband, data connections, internet and managed services. Its principals are Ayala Corporation and SingTel who are acknowledged industry leaders in the country and in the region.

Hawaiian Telcom, headquartered in Honolulu, is Hawai’i’s leading provider of integrated communications, data center and entertainment solutions for business and residential customers. With roots in Hawai’i beginning in 1883, the Company offers a full range of services including voice, video, Internet, data solutions, managed services, data center services including colocation and virtual private cloud, and other cloud-based services, and wireless supported by the reach and reliability of its network and Hawai’i’s only 24/7 state-of-the-art network operations center. With employees statewide sharing a commitment to innovation and a passion for delivering superior service, Hawaiian Telcom provides an Always OnSM customer experience.

GTA provides complete communications services in Guam. These include local and long-distance telephone service, wireless, DSL internet access, advanced digital television, or IPTV, and carrier-class data circuits. The company also operates a data center in Guam for offering business data storage and managed wide-area networking. Based in Tamuning, Guam, GTA is privately owned and locally managed.

About GTI Corporation:

GTI Corporation is doing business as GTI Telecom in the State of California. GTI is a wholly owned subsidiary of GTI Business Holdings, Inc., who in turn is a wholly owned subsidiary of Globe Telecom, Inc. GTI was granted a 214 license by the US Federal Communications Commission on February 2010 that authorizes GTI to engage in both wireless resale and facilities-based carrier services in the USA.

NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company’s experience and global resources, NEC’s advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society.

— New collaboration marks the first time Converis research management system is used across a network of institutions in Germany to advance global research impact

KARLSRUHE, Germany /PRNewswire/ — The Intellectual Property & Science business of Thomson Reuters, the world’s leading provider of intelligent information for businesses and professionals, today announced a collaboration with a consortium of six Hessen universities and universities of applied science (HeFIS) to streamline its institutions’ scholarly information management and workflow. The initiative utilizes Thomson Reuters Converis, a comprehensive research management system providing pre-and-post-award and open-access-repository management to support the entire spectrum of the research lifecycle.

This strategic relationship between Thomson Reuters and the HeFIS, supported by The Hessen State Ministry of Higher Education, Research and the Arts (HMWK), will provide the six consortium universities with a holistic view of their research activity so they may make better informed decisions that drive the future success of their research strategy, associated activity and programs. HeFIS, the first university consortium in Germany to implement Converis, is managed by the Justus Liebig University Giessen (JLU) and comprises Philipps University Marburg, the University of Kassel, FrankfurtUniversity of Applied Sciences, Fulda University of Applied Sciences, Hochschule Geisenheim University and the Technische Hochschule Mittelhessen – University of Applied Sciences.

Converis supports universities, research institutions and funding agencies in collecting and managing data throughout the research workflow with several highly-configurable insight modules, including pre-and-post-award management, publications management, graduate student management, intellectual property portfolio management, data integration, and research analytics. It collects and curates digital output and streamlines communication between researchers and administrators throughout the research lifecycle.

“We are proud to be Germany’s first university consortium to collaborate with Thomson Reuters to advance the efficacy and global impact of our scientific research with a management support system that will provide a comprehensive view of our efforts,” said Peter Winker, professor of statistics and econometrics and vice president of scientific infrastructure at Justus Liebig University Giessen. “Implementing a unified platform throughout the Hessian universities is a strategic investment in the infrastructure of our research information system.”

Converis complements and integrates with InCites™, the leading web-based research analytics platform enabling institutions to measure research output and impact, monitor trends and support reporting about research activities at all levels. Designed to meet the needs of research institutions around the globe, the Thomson Reuters Research Analytics suite delivers powerful solutions for connecting investment to impact.

“As one of Germany’s academic leaders, the Hessen University Consortium recognizes the importance of accurate and precise assessment, evaluation and benchmarking as the research workflow evolves and competition increases,” said Gordon Macomber, managing director, Thomson Reuters IP & Science. “We are pleased to work with this network to enable its stakeholders to make informed decisions for competitive advantage and to improve the global impact of its research efforts.”

Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world’s most trusted news organization. For more information, go to www.thomsonreuters.com.

JAKARTA, Indonesia /PRNewswire/ — Regional leaders from across government, business, academia, multilateral institutions and non-government organisations (NGOs) came together today at The Economist Events’ South-East Asia Summit to discuss the political, economic and strategic rationale for South-East Asian nations seeking a more integrated region. The event, held in Jakarta at the Ritz-Carlton Hotel, Mega Kuningan, brought together more than 160 high-level executives to explore how greater regional integration is affecting South-East Asia’s economic growth and its interaction and connections with the rest of Asia.

During the keynote panel discussion, Idris Jala, Minister in theMalaysian Prime Minister’s Department andChief Executive Officer of thePerformance Management andDelivery Unit(PEMANDU), expressed howSouth-East Asia was moving from a loose neighbourhood of states to a connected regional community, through greater political, economic and social integration and the growing importance of the Association of Southeast Asian Nations (ASEAN), in the lead up to the ASEAN Economic Community 2015. However, Jala remarked on how ASEAN still faced many challenges.

“The first challenge is that ASEAN countries are at very different levels of development…There has to be a self-assessment of where each country is in terms of achieving goals set down by ASEAN. A consolidated assessment of where we are. We will then know where the gaps are…ASEAN was never intended to be like the European Union, nonetheless though, if we really believe in greater ASEAN integration, we need to move to greater compliance with ASEAN Economic Community obligations and commitments.

“If you want ASEAN to progress, we need to define the obligations for collaboration and then define the rules for competition. The private sector wants clear rules….There is tremendous opportunities for companies laying a footprint across ASEAN, but we need to lay down clearer frameworks for them.”

Visit the South-East Asia Summit website here, which includes the full programme and speaker details.

Supporters of The Economist Events’ South-East Asia Summit include HSBC as the Lead Sponsor. Asian Institute of Finance and Deloitte are the Supporting Sponsors. Melbourne Business School is the Academic Sponsor. Edelman is the Official PR agency.

— Sale of tires and accessories will push online retailing revenues to more than EUR18 billion by 2020

LONDON /PRNewswire/ — The rapid growth in personal, in-vehicle and service shop connectivity is lending momentum to the creation of new customer touch points and driving the online sales of automotive parts and services in Europe. The emergence of independent eRetailers is further propelling the expansion of aftermarket eRetail, which has also been buoyed by aggressive participants such as Amazon.

New analysis from Frost & Sullivan, Opportunity Analysis for the Automotive Parts and Service eRetailing Market in Europe, finds that the market was valued at EUR5.29 billion in 2013 and estimates this to reachEUR18.33 billion by 2020. While France, Germany, and the UK contribute the highest to online sales due to higher Internet penetration, Russia is expected to witness maximum growth in revenues with a compound annual growth rate of 30 percent till 2020. Over the next five to seven years, Spain and Italy too will catch up as smartphone adoption increases.

“Sales through smartphone apps are an immediate opportunity for aftermarket participants in Europe to explore,” said Frost & Sullivan Automotive and Transportation Research Analyst Anuj Monga. “Although the computer is currently the preferred mode for online shopping, and the use of mobiles is limited to accessing product information, shopping through tablets and smartphones will pick up significantly as more 4G long-term evolution options become available.”

Tires will remain the leading product category in online sales, followed by brakes, batteries and vehicle accessories. Tire eRetailers, traditional parts retailers and pure play parts eRetailers are expected to gain market share owing to their regional presence, as radically dissimilar legislations across countries in Europepose a challenge to cross border selling. Keeping compliance costs under check has also proved difficult for online sellers due to tax regulation variations and the complexity arising from deploying different models in each country.

Over the next few years, the key differentiator in the aftermarket retail space will be the fulfilment models employed by companies. Complementing various revenue opportunities such as smartphone apps, these innovative fulfilment models tailored to diverse target customers will enhance scope for growth.

“Original equipment manufacturers are likely to take the lead in directly driving parts sales by exploring new revenue-sharing arrangements with dealer groups as well as promoting the ‘click & fit’ model, which will ensure a steady stream of repair business,” noted Monga. “Hence, remote assisted repair, remote diagnostics and predictive analysis will evolve into robust avenues for eRetailing revenue generation in the medium to long term in Europe.”

If you are interested in more information on this study, please send an e-mail to Julian Borchert, Corporate Communications, at julian.borchert@frost.com.

Opportunity Analysis for the Automotive Parts and Service eRetailing Market in Europe is part of theAutomotive & Transportation (http://www.automotive.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Western European Heavy-Duty Used Truck Market, Global Automotive Aftermarket, North American Class 1 to 8 Filters Aftermarket, and In-vehicle Advertising in the North American Automotive Infotainment Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

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